2/10/2001 @ Old School Skate Jam 2001. Since her skating days with the Z-Boys, Peggy Oki went on to UC Santa Barbara to study environmental biology, eventually receiving her Bachelor of Arts in Painting at The College of Creative Studies (UCSB). (She got around campus, primarily by skateboard.).
DEFINITION of 'Incorporation'. The process of legally declaring a corporate entity as separate from its owners. Incorporation has many advantages for a business and its owners, including: 1) Protects the owner's assets against the company's liabilities. 2) Allows for easy transfer of ownership to another party. 3) Achieves a lower tax rate than on personal income.
Incorporation. In order to form a corporation, you must incorporate by filing articles of incorporation with your state business registrar. Conversely, an unincorporated association is typically a gathering of persons, often volunteers, working toward a common purpose.n unincorporated association is not an independent entity, but instead functions like a partnership. If an unincorporated association owns property or owes money, the owners of the association do as well, and will continue to do so even if the association no longer exists.